Diligence memo · auto-generated · as of July 2, 2026

Lovable Labs Inc

Lovable Labs Inc looks under-valued against its niche peers and is active on financing cadence.

SourceModeled below same-niche peers while still financing on rhythm — a potential mispricing worth a closer look.

Businessfiled

Lovable Labs Inc operates in AI / ML, based in DOVER. Build apps, websites, and digital products faster using Lovable's AI-powered platform, no deep coding skills required.

Sub-sector tags: ai/ml.

Capital & rounds (filed)filed

Lovable Labs Inc has raised $638M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).

Largest single filing: $425M on 2025-12-11.

Most recent recorded round closed around 2025-12-11.

Valuation (modeled)modeled

Provath models Lovable Labs Inc at approximately $4.3B (range $3.2B–$4.9B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.51× the median modeled value of Growth/Late AI / ML companies in 2025–2027 (8 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 5 months.

Last raise 7 mo ago; this sector typically re-raises about every 11 months.

Raising on or ahead of the sector's normal rhythm.

The last round stepped up 2.2× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 99% of AI / ML peers (2067 compared).

Modeled value ranks above 99% of those peers.

Closest niche peers: Databricks, Inc., Genesys Cloud Services Topco LLC, Crusoe Energy Holdings Inc., Integris AI Healthcare Group, Inc., Grammarly, Inc..

Peoplefiled

4 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.